Married Americans spend more than those in any other marital status category, across age groups. Americans who have never married spend significantly less, particularly for those younger than 50, suggesting that if the marriage rate increases, overall spending in the U.S. may increase and benefit the U.S. economy.
The U.S. marriage rate has declined in recent years, but recent Gallup analysis shows that it is possible that the marriage rate in the United States will go up in the future, based on a pent-up demand for marriage. Based on the spending habits of married Americans compared with their single counterparts who have never married, such a change could be expected to give a boost to the economy, if those marriages come from the ranks of those who are single/never married. Similarly, an increase in the percentage of Americans living in domestic partnerships as opposed to being single would have an apparently positive impact on the economy. If, however, Americans in the future become less likely to jump from single status to marriage and more likely to move into domestic partnerships, the impact on the economy would be less significant.
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